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Last date for Air India divestment plan nears reports suggest that Tata, Adani and Hinduja Group are interested
Last date for Air India divestment plan nears reports suggest that Tata, Adani and Hinduja Group are interested
Navdeep YadavDec 11, 2020, 12:26 IST
BCCL
Air India’s privatisation plan is entering its last lap. The government has extended the intimation date for qualified interested bidders (QIBs) of
Air India to January 5.
However, the bidders are required to submit their Expressions of Interest (EoI) by December 14; and the physical bids by month-end.
Reports suggest that top conglomerates, from
Tata Group to Adani and even
Hinduja Group are looking to bid for the debt-ridden airline. However, no official announcement has been made as of yet. Air India’s privatisation plan is entering its final lap. The government of India has extended the intimation date for qualified interested bidders (QIBs) for Air India to January 5, from the earlier decided d